ABM Industries’ Post

We all know stop-loss is crucial for mitigating risk, but are you maximizing its potential for cost savings and improved profitability? Here's the challenge: valuable stop-loss expertise often gets scattered across different departments. While underwriting might have a deep understanding of risk factors, claims might hold insights into cost drivers. This siloed knowledge creates inefficiencies and missed opportunities. A Stop-Loss Center of Excellence (CoE) acts as a central hub, consolidating knowledge from underwriting, claims, and other relevant departments. This powerhouse of expertise fuels a strategic approach to stop-loss, leading to: - Enhanced Understanding of Contracts: A CoE fosters a deeper understanding of provisions and risks within stop-loss contracts, minimizing exposure to unexpected losses. - Improved Consultative Approach: Armed with comprehensive knowledge, the CoE can transform stop-loss from a commodity to a valuable consultative solution for your clients. Interested in learning more? Next time, we'll explore how a CoE streamlines decision-making and mitigates E&O risks! #coe #centerofexcellence #stoploss #insurtech #ringmaster #tpa #broker #pbm #insurance #healthcare Craft Hayes Jon Harts Wesley Keyes Brian Frank Blake Emsick Richard Siccone

We're excited to be attending the Insurtech Insights conference in New York this week! Be sure to connect with our innovative experts while you're there: Awais Farooq, CPCU, M.S, SVP - Strategy & Transformation Justine DeSena, VP - Client Solutions Corey Hart, Area Manager - Field Operations Joseph LaBianca, VP - Managing Director This conference is a great opportunity to learn from and connect with other experts in the industry as we all navigate the ever-evolving landscapes of insurance, technology, and claims management. See you soon! #insurtechinsights #insurancenews #claimsmanagement #insurancetechnology #insurtech

Come see me at Assure Alliance! Do you wonder how to create processes, train and monitor your teams adoption? I am going to help you create a roadmap to tackle those challenges and provide real solutions! You won’t want to miss this! #10RidicouslyAmazingProcesses

Insurance adjusters, ever grappled with the complexity of risk scenarios in industries like real estate, hospitality, retail, or manufacturing? With shifting landscapes and ever-growing risks, it's paramount to be adept in navigating intricate cases. Todd Schwartz, a 30-year industry vet, has just joined Alliant's team, promising a new frontier of complex risk solutions. His experience stands as an inspiration for us to delve deeper into our industry expertise. Wondering how such expertise could refashion your adjusting strategies? Let's chat about it. There's power in learning from seasoned experts! #InsuranceAdjusting #RiskManagement #InsuranceIndustry #AlliantInsurance #ExpertiseMatters

More and more Employer Health plans are moving away from traditional fully insured structures and taking control of their plans through self-funded arrangements - a trend that is not expected to slow down any time soon. As a Broker / Consultant, are you prepared to take advantage of this opportunity? Do you have the right structure, processes, and technology in place to help maximize the value you deliver?

Had a great time chatting on the My Risk Adviser podcast with Phil Thompson 🎙️. Big thanks to Phil for the invite! Links to the episode below! 🌟 #riskadvice #lifeinsurance #weloveit

We’re excited to be jointly hosting this webinar with UnderwriteMe! It’s the first of a planned series of webinars for advisers, it’s free to attend and is open to everyone! We’re kicking off these new webinars with the topic of underwriting, helping to demystify this often challenging area of protection. So come and join PDG member Alan Knowles and underwriting experts Stephen Baldry and James Hetherington! Register below 👇 #ImprovingCustomerOutcomes

EXCLUSIVE: Aon hires Ardonagh’s Dando to lead Strategy and Technology Group in EMEA Learn more👇 https://lnkd.in/g8WKidVW Aon has recruited Steve Dando as CEO of its Strategy and Technology Group for the EMEA region, marking the latest departure from Ardonagh Specialty, The Insurer can reveal. #PeopleMoves #broking #insurance #reinsurance #insurancemarket #reinsurancemarket #insurancenews #reinsurancenews

🔥Finishing season 2 with a bang! 🙌Richard Smith CCRA of Verisk Specialty Business Solutions joins me this week as we explore the pivotal role of culture in product management and the transformative journey of VSBS over the past eight years. 🎙Rich shares his insights on creating a customer-centric culture, navigating significant organisational changes, and the digital evolution within the insurance industry. And of course, we had to talk about the impact of AI and data initiatives on reshaping insurance! 🔗Link in comments!

Exciting News: Demyst at InsurTech Hartford Symposium! I'm thrilled to share that I'll be representing Demyst at the upcoming InsurTech Hartford Symposium! It's an incredible opportunity to dive deep into the latest trends, innovations, and challenges shaping the insurance industry today. At Demyst, we're passionate about revolutionizing the insurance landscape by breaking down data silos and bringing unparalleled access to over 500 data products. Our mission? To empower insurers with the insights they need to make informed, data-driven decisions, enhance customer experiences, and navigate the complexities of risk in today's digital age. The InsurTech Hartford Symposium is the perfect stage to connect with fellow innovators, thought leaders, and visionaries committed to driving the future of insurance. We're excited to showcase how Demyst is making data more accessible and actionable, transforming challenges into opportunities for growth and innovation. If you're attending, let's connect! I’d love to discuss how we can collaborate to harness the power of data analytics and fuel the next wave of advancements in the insurance industry. Don't miss out on the chance to explore what's on the horizon for insurtech and how we can turn these insights into actionable strategies. See you there! #InsurTechHartford #InsuranceInnovation #DataAnalytics #Demyst #FutureOfInsurance #IHS2024